E-Commerce Stock Watch: Hastings Gives Back Big Gains

Shares of Hastings Entertainment (Nasdaq: HAST) were up nearly 40 percent at one point Thursday before closing almost unchanged. As we reported Thursday, Hastings is planning to launch a new e-commerce Web site at www.gohastings.com.

The stock closed Thursday up just 3-16 at 10-1/2. This could be a good value play for patient e-commerce investors.